Evidently the directors found, after a time, that the practice of selling tickets was not sufficiently remunerative, for it was discontinued. The directors were astute men of business, and while they neglected nothing that would conduce to the efficiency of their service and the comfort of their patrons, they made a number of alterations which reduced to a considerable extent the working expenses of their omnibuses. One of these alterations caused a complete revolution in the colour of omnibus wheels. When the Company started work, omnibus wheels were painted the same colour as the body of the vehicles, and consequently it was necessary to keep a stock of red, blue, green, brown, white, yellow, and chocolate wheels. The directors, however, soon came to the conclusion that if all the wheels were painted one colour it would not be necessary to keep so large a stock in reserve. Therefore they had the wheels of all their omnibuses painted yellow, and the other proprietors, seeing the convenience and saving to be derived from such an arrangement, followed their example, and to-day nearly every omnibus in London, with the exception of those belonging to the railway companies, has yellow wheels. In the autumn of 1858 it was decided to convert the “Compagnie Générale des Omnibus de Londres” into an English Limited Liability Company, and for that purpose the French Society was dissolved and the London General Omnibus Company, Limited, started to take over its property, good will, existing engagements and liabilities. The latter was registered on November 16, 1858, as a Limited Liability Company, with a nominal capital of £700,000, divided into 175,000 shares of £4 each. The head office of the Company was, of course, in London--454, Strand--but a branch office was opened in Paris, where French shareholders could obtain any information which they required, and where a duplicate transfer-book was kept for the registering of transfers of shares held in France. The number of directors was to be not more than twelve nor less than nine, and at least four of them were to be Frenchmen. The first Board of Directors of the London General Omnibus Company, Limited, was constituted as follows:-- Anthony Nicholas Armani, Esq. M. Felix Carteret. Edwin Chadwick, Esq., C.B. William Halliday Cosway, Esq. William Stratford Dugdale, Esq. M. le Comte de Lantivy. Arthur Macnamara, Esq. William Sheldon, Esq. Reginald Thornton, Esq. M. François Frederic Toché. M. Antoine Vacossin. James Willing, Esq.